News Feb 26, 2022 Adani, Ballard ink pact for JV for hydrogen fuel cells The Adani Group said that it has signed a non-binding Memorandum of Understanding with Nasdaq-listed Ballard Power Systems.
News Oct 29, 2021 BorgWarner to supply electric motors for new electric truck German OEM has selected BorgWarner’s HVH250 (High Voltage Hairpin) electric motors to power a heavy-duty truck model
News Oct 01, 2021 ICRA sees positive influence of PLI Scheme on auto supply chain According to ICRA, the Production-Linked Incentive (PLI) scheme of Rs 259.38 billion has the potential to make India an export hub in the global auto supply chain and increase cost competitiveness.
News Sep 23, 2021 New PLI scheme to change Indian automobile sector Government’s productivity linked incentive (PLI) scheme for auto and component industry is set to change it in a big way through electric vehicles (EV), new technologies and new players in the market.
News Sep 20, 2021 Govt PLI scheme to boost EV two-wheeler production According to an analysis done by Kotak Institutional Equities, the PLI scheme for autos provides incentives in the range of 13-18% of sales value to OEMs for manufacturing EVs in India.
News Sep 16, 2021 Indian govt approves PLI scheme for auto and drone industry It is estimated that over a period of five years, the PLI Scheme for automobile and auto components industry will lead to fresh investment of over Rs 42,500 crore, incremental production of over Rs 2.3 lakh crore
News Sep 09, 2021 Hyundai Motors to popularise hydrogen energy by 2040 At the Hydrogen Wave global online forum, Hyundai Motor Group has presented its vision to promote hydrogen energy and set up a global hydrogen society.
News Sep 08, 2021 TKM launches ‘xEV SHIKSHA’ Web Application Toyota Kirloskar Motor, (TKM) has announced the launch of the xEV SHIKSHA web application to match the government’s mission to adopt electrified vehicles and also to follow the Toyota Environmental Challenge 2050.
News Sep 08, 2021 Hyundai Motors shows Carbon Neutral Commitment at IAA Mobility Hyundai Motor Company has made an announcement that it has committed to becoming carbon neutral by 2045 at IAA Mobility 2021.